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LEGAL NEWS


Westpac hit with $26 million penalty for ignoring hardship pleas from struggling customers

Westpac hit with $26 million penalty for ignoring hardship pleas from struggling customers

Westpac Banking Corporation (ASX: WBC) has been ordered to pay a $2...

Mayne Pharma wins $13.27m costs award against Cosette from collapsed $672m takeover battle

Mayne Pharma wins $13.27m costs award against Cosette from collapsed $672m takeover battle

Adelaide-based pharmaceutical manufacturer Mayne Pharma (ASX: MYX) ...

Zip Co settles trademark dispute with Firstmac, acquiring 'Zip' mark to keep brand name in Australia

Zip Co settles trademark dispute with Firstmac, acquiring 'Zip' mark to keep brand name in Australia

Buy-now-pay-later provider Zip Co Limited (ASX: ZIP) has settled it...

ASIC sues Equity Trustees over alleged First Guardian failures that cost members $65m

ASIC sues Equity Trustees over alleged First Guardian failures that cost members $65m

Equity Trustees Superannuation is facing civil penalty proceedings ...

Snaffle operator hit with $33.5m penalty for overcharging thousands of consumers on credit contracts

Snaffle operator hit with $33.5m penalty for overcharging thousands of consumers on credit contracts

The Federal Court has ordered a $33.5 million penalty against Walke...

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Pandemic fallout: slump in demand for disposable gloves at core of Ansell class action

Pandemic fallout: slump in demand for disposable gloves at core of Ansell class action

A slump in demand for single-use gloves during the pandemic is at t...

Creditors vote to save Hills Limited after accepting 68c in the dollar

Creditors vote to save Hills Limited after accepting 68c in the dollar

Creditors have voted to save Hills Limited (ASX: HIL) from falling ...

ASIC alleges Dixon Advisory director Paul Ryan breached duties

ASIC alleges Dixon Advisory director Paul Ryan breached duties

The corporate watchdog has commenced legal proceedings against&nbsp...

ASIC takes eToro to court over high-risk CFDs

ASIC takes eToro to court over high-risk CFDs

The Australian Securities and Investments Commission (ASIC) has tak...

Delta Building Automation found guilty of rigging attempt for National Gallery tender

Delta Building Automation found guilty of rigging attempt for National Gallery tender

The Federal Court has found that Canberra-based Delta Building Auto...

MaxCap among largest creditors of developer Toplace as claims hit $633m

MaxCap among largest creditors of developer Toplace as claims hit $633m

Around one in every four dollars claimed by creditors against Topla...

Phoenix Institute fined record $438m over 'cynical and calculated' conduct that misled students

Phoenix Institute fined record $438m over 'cynical and calculated' conduct that misled students

A former vocational college and its marketing arm in Melbourne have...

'Not fair on consumers, not good for business': Financial complaints hit new record

'Not fair on consumers, not good for business': Financial complaints hit new record

Consumers in dispute with financial firms lodged a record 96,987 co...

Gold Coast builder GCB Constructions goes bust

Gold Coast builder GCB Constructions goes bust

Gold Coast builder GCB Constructions has gone into administration t...

ASIC takes Vanguard to court alleging greenwashing over 'Ethically Conscious' fund

ASIC takes Vanguard to court alleging greenwashing over 'Ethically Conscious' fund

One of the country's largest exchange-traded fund providers has...

Administrators claim "strong interest" for sale of wheelie bin maker Trident Plastics

Administrators claim "strong interest" for sale of wheelie bin maker Trident Plastics

The voluntary administrators for Adelaide-based wheelie bin ma...

Competition watchdog notes "strong concerns" over ACL, Healius merger

Competition watchdog notes "strong concerns" over ACL, Healius merger

The Australian Competition and Consumer Commission (ACCC) is wary o...

Slater and Gordon achieves $100m settlement with Colonial First State over excessive super fees

Slater and Gordon achieves $100m settlement with Colonial First State over excessive super fees

Almost five years ago Slater and Gordon (ASX: SGH) launched it...

Openmarkets to pay record fine over breaches, former head of trading banned

Openmarkets to pay record fine over breaches, former head of trading banned

The corporate watchdog's Markets Disciplinary Panel (...

Regulators and industry join forces to combat investment scams

Regulators and industry join forces to combat investment scams

To target a problem that is costing Australians more than $1 b...

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